Tag: NFT

The once-booming NFT lending market is now in deep decline, with transaction volumes plummeting by 97% from January 2024’s $1 billion peak to just $50 million in May 2025, according to a new report by blockchain analytics platform DappRadar. The report, authored by analyst Sara Gherghelas and published on May ...

FIFA  has partnered with Avalanche to launch a new digital collectibles platform focused on soccer-themed NFTs. This initiative aims to engage soccer fans worldwide by offering unique digital assets tied to iconic moments, players, and events in the sport’s history. JUST IN: FIFA signs partnership with Avalanche $AVAX to build ...

Nike, the world’s largest sportswear company, faces a $5 million proposed class-action lawsuit in the Eastern District of New York. The suit accuses Nike of abandoning investors in its RTFKT sneaker-themed NFT project and alleges violations of U.S. securities and consumer protection laws. The plaintiffs claim Nike used its global ...

Marina Abramović, the renowned Serbian performance artist, has partnered with digital marketplace TAEX to launch an NFT project called Marina Abramović Element (MAE). This project, which follows her first web3 venture in 2021, will run from May to September 2025 and feature three NFT drops highlighting her artistic legacy, according ...

NFT trading has sharply declined since December 2024, while AI-powered dApps have emerged as the fastest-growing sector in Web3. According to DappRadar’s Industry Report, NFT trading volume has declined by 63% over the past two months, dropping from $1.36 billion in December to $997 million in January and further down ...

The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the NFT marketplace OpenSea, according to Bloomberg. Co-founder and CEO Devin Finzer confirmed this move on X on February 22, calling it a significant win for the community and the broader digital collectibles space. He emphasized that ...

OpenSea has temporarily suspended its new airdrop reward system due to significant criticism from the community. Co-founder and CEO Devin Finzer announced a pause on XP rewards for listing and bidding and will instead focus on XP shipments, a feature introduced on February 14. This change is part of OpenSea's ...

The local authorities of Jeju Island, South Korea's largest and most popular tourist destination, are reportedly planning to launch NFT-based digital tourism resident cards in late 2025. According to local media outlet Maeil Kyungjae, the move is part of an effort to attract Gen Z tourists, drive economic growth and ...

The non-fungible token (NFT) market appears to be rebounding, with trading volume jumping over 20% in November, according to a DappRadar report. The data reveals that NFT trading volume reached $698 million, reflecting a 22% rise from October. DappRadar analyst Sara Gherghelas attributes the growth to heightened engagement with blue-chip ...

The team behind the Pudgy Penguins NFT collection has revealed plans to launch a new token, PENGU, on the Solana blockchain before the year ends. In a recent announcement on X, the team noted that the launch of PENGU is designed to enhance its value proposition for its fanbase. They ...